Spot Trade definition

Spot Trade means a foreign exchange transaction where the Value Date is between two and four working days after the date of acceptance

Spot Trade means a transaction where the Value Date is two working days after the date of instruction.

Spot Trade means a transaction where the Value Date is the standard delivery date for the currency pair, usually 2 Working Days.

Examples of Spot Trade in a sentence

• The amount we require from you for a Spot Trade will be due to and must be paid to us in full in cleared funds by no later than 12.00 midday on the Business Day we tell you in our Acceptance.

• By submitting an Order or a Spot Trade Instruction, you hereby authorize Backpack Exchange to credit or debit the applicable assets from your Account in accordance with your Orders and Spot Trade Instructions.

• The amount we require from you for a Spot Trade will be due to and must be paid to us in full in cleared funds by no later than 12:00 pm Pacific on the Business Day we tell you in our Acceptance.

• The Spot Trade function on the Platform also allows you to submit instructions (“Spot Trade Instructions”) to exchange (buy or sell) one spot Supported Virtual Asset for another.

• You are solely responsible for accurately entering any Order or Spot Trade Instruction, including but not limited to all the necessary information in order to enable us to carry out any Order or Spot Trade Instruction.

More Definitions of Spot Trade

Spot Trade means a Trade where the settlement of the Trade is due to take place within the Spot Period.

Spot Trade means a foreign exchange transaction forming part of Our Services where the Value Date is within two (2) Business Days of the date of Acceptance;

Spot Trade means a transaction where the Value Date is five Business Days after the date of instruction

Spot Trade means a transaction where the Value Date is five Business Days after the date of instruction «Stop L o s s order» means an order that becomes a firm Order if and when a specified currency sells at or below the specified stop price. «Regulations» means the Central Bank of the UAE Regulations. «Trade» means each transaction to purchase and deliver currency for you. «Value Date» means the date of delivery to you of the currency purchased by you. «Website» means the website identified in clause

Spot Trade means the purchase or sale of foreign currency for near-immediate delivery;

Spot Trade means the purchase or sale of foreign currency for near-immediate delivery; “Spread” means the price difference between a purchase or sell amount;

Spot Trade means a trade in bonds on a T+3 settlement cycle;